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The timely arrival of the Q400 aircraft aligns with the upcoming summer schedule, enabling the airline to offer seamless connectivity and enhanced services to passengers during peak travel seasons, said SpiceJet on April 2
This agreement is anticipated to result in significant long-term savings for SpiceJet, eliminating the need for regular monthly rentals for the acquired aircraft.
The airline has settled all past liabilities for the Q400 planes leased from NAC, and under the settlement agreement it already has five Q400 aircraft.
He replaced SpiceJet Chairman and MD Ajay Singh, who completed his tenure as the chamber's president.
Sorin Investment Fund Chairman Sanjay Nayar has been appointed as Assocham president for 2024-25, succeeding SpiceJet's Ajay Singh. Nayar has four decades of experience in global financial markets and plans to collaborate with the Centre on PM Modi's vision for India's development.